AUM
Estimated $3-4B
Principals
3
Principal Net Worth
$2.9B
Data Flags
Hotel 81/Worldwide Hotels founder; 38 hotels/6 brands; ~10% Singapore hotel rooms; daughter Carolyn CEO
Ngen Family Office
SFOHigh ConfidenceSingapore
Last verified: Jan 16, 2026
Details
- Source of Wealth
- Real Estate / Hospitality (Hotel 81 and Worldwide Hotels - budget hotels)
- Assets Under Management
- Estimated $3-4B
- Source File
- research/organizations/ngen-family-office.md
- UID
- fo-ngen-family-office
Also Known As
Choo Chong Ngen Family OfficeNgen CapitalWorldwide Hotels Family Office
Principals (3)
Team Members (1)
Related Entities (5)
Hotel 81Subsidiary
Budget hotel chain (flagship brand)
Real estate holdingsHolding Company
UK property investments including Vistry Group stake
SMU education fundInvestment Vehicle
Philanthropic commitment
Six hotel brandsSubsidiary
Diversified hospitality portfolio
Worldwide HotelsSubsidiary
Hotel management company (38 hotels)
Relationship Strength
Loading relationships...
Sources (5)
- https://www.tatlerasia.com/power-purpose/business/hotel-81-founder-choo-chong-ngen-carolyn-choo-worldwide-hotels
- https://www.ntu.edu.sg/business/news-events/news/story-detail/billionaire-hotel-81-founder-on-why-his-daughter-is-leading-the-business-he-built
- https://vulcanpost.com/641112/hotel-81-founder-choo-chong-ngen/
- https://sg.finance.yahoo.com/news/homegrown-hotelier-global-ambitions-191000465.html
- https://www.prestigeonline.com/th/prestige-40-under-40/chong-ngen-choo-4/
Changelog
- 2026-01-16VERIFICATION - Upgraded to High confidence. Forbes Singapore #13 verified. S$2M SMU donation confirmed. Carolyn Choo CEO succession documented.
- 2026-01-16Enriched with biography, Hotel 81/Worldwide Hotels, daughter Carolyn as CEO, SMU donation
- 2026-01-15Auto-generated from principal Choo Chong Ngen